© 2016 Debt Reduction Services Incwww.DebtReductionServices.org Young and Financially Empowered Financial Lessons for Those in Their 20s Welcome!

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© 2016 Debt Reduction Services Incwww.DebtReductionServices.org Young and Financially Empowered Financial Lessons for Those in Their 20s Welcome!

© 2016 Debt Reduction Services Incwww.DebtReductionServices.org 2 Nationwide, non-profit Established in 1996 Financial educators The Everyday Money Experts

© 2016 Debt Reduction Services Incwww.DebtReductionServices.org 3 Table of Contents ▪ Signs of trouble Signs of trouble Signs of trouble ▪ Good debt bad debt Good debt bad debt Good debt bad debt ▪ Predicting outcomes Predicting outcomes Predicting outcomes ▪ Getting out of debt Getting out of debt Getting out of debt ▪ Options when in debt Options when in debt Options when in debt ▪ Bankruptcy Bankruptcy ▪ Loan Options Loan Options Loan Options ▪ Consequences Consequences

© 2016 Debt Reduction Services Incwww.DebtReductionServices.org 4 PICTURE CHANGE ▪ Picture where you want to be financially

© 2016 Debt Reduction Services Incwww.DebtReductionServices.org 5 PICTURE CHANGE ▪ Picture where you want to be financially ▪ Think of where you are now

© 2016 Debt Reduction Services Incwww.DebtReductionServices.org 6 PICTURE CHANGE ▪ Picture where you want to be financially ▪ Think of where you are now ▪ Are you content with where you are now?

© 2016 Debt Reduction Services Incwww.DebtReductionServices.org 7 PICTURE CHANGE ▪ What are you doing to improve your chances?

© 2016 Debt Reduction Services Incwww.DebtReductionServices.org 8 PICTURE CHANGE ▪ What are you doing to improve your chances? ▪ Tell yourself that you WILL change course.

© 2016 Debt Reduction Services Incwww.DebtReductionServices.org 9 PICTURE CHANGE ▪ What are you doing to improve your chances? ▪ Tell yourself that you WILL change course. ▪ What ONE step can you take in the right direction today?

© 2016 Debt Reduction Services Incwww.DebtReductionServices.org 10 Signs of Trouble

© 2016 Debt Reduction Services Incwww.DebtReductionServices.org 11 Good or Bad?

© 2016 Debt Reduction Services Incwww.DebtReductionServices.org 12 Negative Outcomes Time to Predict It’s Not That Bad, Is It?

© 2016 Debt Reduction Services Incwww.DebtReductionServices.org 13 Getting Out

© 2016 Debt Reduction Services Incwww.DebtReductionServices.org 14 Options

© 2016 Debt Reduction Services Incwww.DebtReductionServices.org 15 Bankruptcy

© 2016 Debt Reduction Services Incwww.DebtReductionServices.org 16 Loans Options %?%? %?%? %?%?

© 2016 Debt Reduction Services Incwww.DebtReductionServices.org 17 Consequences

© 2016 Debt Reduction Services Incwww.DebtReductionServices.org 18 PICTURE CHANGE ▪ What are you doing to improve your chances? ▪ Tell yourself that you WILL change course. ▪ What ONE step can you take in the right direction today?

© 2016 Debt Reduction Services Incwww.DebtReductionServices.org 19 Complete additional workshops or webinars?Complete additional workshops or webinars? Open a new account?Open a new account? Save $1Save $1 Other?Other? NEXT LEG OF THE JOURNEY

© 2016 Debt Reduction Services Incwww.DebtReductionServices.org Thank You! Young and Financially Empowered Financial Lessons for Those in Their 20s